Oman Shipping Company names their New Very Large Crude Carrier

2012-10-11

Oman Shipping Company S.A.O.C. (OSC) named their latest Very Large Crude Carrier (VLCC) TAQAH, at Hyundai Heavy Industries co. Ltd's (HHI) Yard in Ulsan, South Korea on 9th August 2012.

TAQAH has a 317,000 deadweight ton (DWT) capacity, is 333 meters length overall, 60 meter in beam and a design draft of 21 meters and increases the Company's fleet of VLCCs to 16. The vessel will be technically managed by Oman Ship Management Company (OSMC) in Muscat, and will be commercially managed by OSC's joint Venture partner NAVIG8, in the VL8 Pool in Singapore.

Since commercial operations began in 2003, OSC now has a fleet of 43 vessels and an order book of 2 additional Very Large Ore Carriers due in 2012, and 1 LNG Carrier due in 2014. The DWT capacity of the current fleet is around 6.7 million DWT, increasing to around 8 million DWT once the order book is delivered.

OSMC is presently technically managing 20 Vessels, including TAQAH and 3 other VLCCs. The Company was awarded ISO 9001 and ISO 14001 accreditation already in 2011, recognising its adoption of international standards and best practices in Ship Management.

Source: Oman Shipping Company S.A.O.C.

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